BALANCE SHEET

ASSETS
NON-CURRENT ASSETS
Fixed assets
Property, plant and equipment
Long term advance
Long term deposits
CURRENT ASSETS
Stores and spares
Stock-in-trade
Trade debts considered good
Loans and advances
Trade deposits and short term prepayments
Other receivables
Tax refunds due from the government
Taxation-net
Sales tax refundable
Cash and bank balances
TOTAL ASSETS
EQUITY AND LIABILITIES
SHARE CAPITAL AND RESERVES
Share capital
Reserves
NON CURRENT LIABILITIES
Long term finance
Long term deposits
Deferred liabilities
Deferred taxation
CURRENT LIABILITIES
Trade and other payables
Accrued mark-up
Short term borrowings
Current portion of long term finance
CONTINGENCIES AND COMMITMENTS

Profit and Loss Account

Gross Sales

Less: Sales tax and excise duty

Rebates and Commission
Net Sales
Cost of sales
Gross profit

Distribution costs
Administrative expenses
Operating profit

Finance costs
Other operating income
Other charges
Profit before taxation
Taxation - current
- prior year
- deferred
Profit after taxation

Basic and diluted earnings per share

Cash Flow Statement

CASH FLOWS FROM OPERATING ACTIVITIES

Cash generated from operations
Finance costs paid
Income tax paid
Gratuity paid
Long term deposits
Long term advance paid
Net cash generated from operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Fixed capital expenditure

Sale proceeds on disposal of property, plant and equipment

Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of long term finance
Receipt/(repayment) of short term borrowings
Proceeds from issue of Global Depository Receipts
(net of expenses)
Dividends paid
Net cash generated from financing activities
Net increase / (decrease) in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
CASH AND CASH EQUIVALENTS
Cash and bank balances
Short term running finance

Statement of Changes in Equity

Balance as at June 30, 2008

Net profit for the year
Balance as at June 30, 2009

Balance as at June 30, 2010

Balance as at June 30, 2011

Balance as at June 30, 2012

The annexed notes from 1 to 43 form an integral part of these financial statements.

Muhammad Yunus Tabba

Chairman / Director

For the year ended June 30, 2009

Issued,
subscribed
and paid-up
capital

Balance as at June 30, 2007

Transfer to general reserves

####
-

Final dividend for the year

ended June 30, 2007 @
Rs. 1.25 per share

Issuance of Global Depository

Receipts (GDRs)

600,000 6,600,036

GDRs issuance expense

Net profit for the year

3,233,750 7,343,422 5,000,000

3,233,750 7,343,422 5,000,000

The annexed notes from 1 to 43 form an integral part of these financial statements.

Muhammad Yunus Tabba

Chairman / Director

LUCKY CEMENT
Annual Report 09

ATTOCK CEMENT
Note

2008

2009

2010

2011

(Rupees in 000)

5
6

30476872
55373
2175
30534420

25881375
2175
25883550

31378255
2977
31381232
55373
2175

31705156
1685
31706841
55373
3175

7
8
9
10
11
12
13

3411549
1196608
1267248
108876
9761
59251
538812
176584
40162
1049091
7857942
38392362

4160146
709372
720314
111989
189641
890204
538812
130899
634136
270011
8355524
34239074

4008288
608813
779305
86471
48807
204249
538812
145151
117939
333629
6871464
38310244

6313584
1248538
620961
72164
38669
218884
538812
41652
351202
9444466
41209855

16
17

3233750
20018222
23251972

3233750
15421673
18655423

3233750
21862179
25095929

3233750
24539079
27772829

18
19
20
21

4300000
28589
234633
1478490
6041712

6633333
30252
174171
1058998
7896754

1658600
31957
319217
1562850
3572624

658298
37306
391837
1652796
2740237

22
23
24
18

2677356
233381
6187941
9098678

3549543
288977
3606710
241667
7686897

3043320
155500
6267112
175759
9641691

4043689
85448
6302252
265400
10696789

38392362

34239074

38310244

41209855

2008

2010

2011

14
15

25

Note

2009

(Rupees in 000)
30915035

20819749

29052901

31767053

4368490
216141
4584631
26330404

3740926
120944
3861870
16957879

4226459
317649
4544108
24508793

5545549
203985
5749534
26017519

27

16519138
9811266

12600706
4357173

(16,529,932)
7,978,861

(17,306,400)
8711119

28
29

2427837
165936

1155054
125752

(3,433,047)
(303,244)

(3,236,425)
(313,389)

30
31
32

1236971
-23255
826776
2040492
5177001

126743
-1293
644388
769838
2306529

(569,184)
1902
(257,774)
3417514
3419416

-517,788
(325,482)
4320521
2486
3,805,219

33

156744
4216
419492
580452
4596549

85394
-456535
-371141
2677670

(195,697)
(84,360)
(280,057)
3137457
3137457

(260,175)
(89,946)
(350,121)
3970400
3970400

26

34

14.21

9.84

9.7

12.28

Note

2009

2008

2010

2011

8084365
-1292567
-206645
-13369
-1512581
-1663
-55373
6514748

1612073
-163947
-166236
-9087
-339270
4389
1277192

6087267
(647,065)
(164,264)
(12,300)
(823,629)
3368
5,267,006

4842927
(587,841)
(156,677)
(29,176)
(773,694)
4349
4073582

-5779313

-6572254

(2,320,832)

-1905143

(Rupees in 000)

35

37487
-5741826

32098
-6540156

5879
-2314953

9711
-1895432

-2575000
4151790

-3075756
-710226

-2,465,641
217,372

(910,661)
35140

-73
1576717
2349639
-1438749
910890

6953422
-326162
2841278
-2421686
982937
-1438749

-1,281,045
-3,529,314
-577,261
910,890
333629

(1,285,056)
(2,160,577)
17573
333629
351202

15
24

1049091
-138201
910890

270011
-1708760
-1438749

_
_
_

_
_
_

Issued,
subscribed
and paid-up
capital

Capital
reserve
Share
premium

3,233,750
-

Revenue reserves

General
UnapproTotal
Reserve
priated profit reserves reserves
(Rupees in 000)

7,343,422
-

5,000,000

3,078,251

15,421,673

3,233,750

7,343,422

5,000,000

4,596,549
7,674,800

4,596,549
20,018,222

3233750

7343422

10000000

4518757

21862179

3,233,750 12,500,000 24,539,079

7343422

12,500,000

4695657

24,539,079

15,000,000

7,684,573

30,027,995

3,233,750

7,343,422

Muhammad Ali Tabba

Chief Executive

68
Annual Report 09

Issued,
subscribed
and paid-up
capital

600,000 6,600,036

-329219

-246614

3,233,750 7,343,422 5,000,000

3,078,251 15,421,673 18,655,423

3,233,750 7,343,422 5,000,000

4596549
7,674,800 20,018,222 23,251,972

Chairman / Director

2012

31,016,532.
1,514.
31,018,046.
55,373.
3,175.
5,396,220.
1,276,433.
1,050,639.
148,189.
67,894.
105,677.
538,812.
126,361.
844,422.
9,554,647.
40,631,241

3,233,750.
30,027,995.
33,261,745.
392,898.
52,752.
3,299,522.
3,745,172.
3,345,605.
13,319.
265,400.
3,624,324.

40631241

2012

39,123,147.

5,485,629.
314,983.
5,800,612.
33,322,535.
(20,601,261)
12,721,274.

(3,236,721)
(474,135)

(253,234)
(438,411)
5,204.
8,323,977.
8,329,181.
(333,225)
(1,208,336)
(1,541,561)
6,782,416.
6,782,416.

20.97

2012

10,138,988.
(325,363)
(417,935)
(36,219)
(779,517)
15,446.
9,374,917.
(1,051,458)

21,020.
-1,030,438
(265,400)

(6,302,252)
(1,283,607)
-7,851,259
493,220.
351,202.
844422

_
_
_

Total
Equity

18,655,42
4,596,549
23,251,972

25095929

27772829

33,261,745

LUCKY CEMENT

Concrete Progress

-329219

-329219

6,600,036 7,200,036

-246614

-246614

2,677,670 2,677,670

78,251 15,421,673 18,655,423

4,596,549 4,596,549
74,800 20,018,222 23,251,972

Muhammad Ali Tabba

Chief Executive